DefinedBenefitPlan Whatisit? Ifyou'dlikearetirementplanthatguaranteesaspecifiedbenefitlevelatretirement regardlessofinvestmentresults,youmaywanttoconsideradefinedbenefitpensionplan. Adefinedbenefitplanisaqualifiedemployer-sponsoredretirementplanthatisfunded solelybytheemployer(inmostcases);it'sthetraditionaltypeofpension...
terminating a defined benefit (DB) pension plan and contracting with insurance companies to pay promised benefits. In their proposals, a plan sponsor would typically transfer the assets and liabilities of a hard-frozen DB plan—one in which all participant benefit accruals have ceased...
Defined benefit plan is a plan that is designed to grant people participating in the plan a definite benefit at retirement. It is called "defined" because the plan is defined by the administrator's prediction of the amount an employer must contribute to produce a specific benefit at normal ...
The meaning of DEFINED BENEFIT PLAN is a pension plan in which the amount of benefits paid to an employee after retirement is fixed in advance in accordance with a formula given in the plan.
Defined Benefit Plan 来自 Springer 喜欢 0 阅读量: 124 作者: T Morris 摘要: Defined benefit plan is a plan that is designed to grant people participating in the plan a definite benefit at retirement. It is called "defined" because the plan is defined by the administrator's prediction of ...
Define Defined benefit plan. Defined benefit plan synonyms, Defined benefit plan pronunciation, Defined benefit plan translation, English dictionary definition of Defined benefit plan. n. A sum of money paid regularly as a retirement benefit or by way of
defined benefit plan 听听怎么读 [di'faind ˈbenifit plæn] 是什么意思 释义 养老金的固定受益计划; 学习怎么用 权威例句 Defined Benefit Plan System and method for creating a defined benefit pension plan funded with a variable life insurance policy and/or a variable annuity......
Defined benefit plan. A defined benefit plan -- popularly known as a pension -- provides a specific benefit for retired employees, either as a lump sum or as income for the rest of their lives. Sometimes the employee's spouse receives the benefit for life as well. The pension amount usual...
Understanding Defined-Benefit Plans Also known aspension plansor qualified-benefit plans, this type of plan is called "defined benefit" because employees and employers know the formula for calculating retirement benefits ahead of time, and they use it to define and set the benefit payout. This fu...
Let’s assume that Company ABC was created by Linda. Linda is 22 and a recent college graduate. She is the only employee, has a base salary of $25,000, and recently completed one year of service with the firm. Linda’s company offers a DB plan. The DB plan benefit will provide her...